About Vega Project (India) Private Limited
Data last updated:
Vega Project (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vega Global Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC230298. Its GSTIN is 27AAECV0311J1ZK (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Blessing Ebenezer Joseph and Po Shing Andy Tse.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.78 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹4.08 Cr (net margin 3%) and EBITDA of ₹9.51 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 12% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vega Global. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vega-global.com.
Company details
Contact details
Vega Project (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is vega-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressInspire BKC Office No 215 & 216 G Block Next To Mgl Gas Station BKC Bandra Eas, T, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Vega Project (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vega Project (India) operates one associated brand: Vega Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of event management, consultancy, management, and managed services | vega-global.com |
Business activity
The main business activity of Vega Project (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Vega Project (India) Private Limited, buy the company report.
Financials of Vega Project (India) Private Limited
FY 2025 filings availableVega Project (India) Private Limited reported revenue of ₹135.78 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 39% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vega Project (India) Private Limited, buy the company report.
Board of directors of Vega Project (India) Private Limited
Vega Project (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Blessing Ebenezer Joseph Also directs: Vega Technology (India) Private Limited | Director | 30 Dec 2014 | 11 Years 10 Months | Current |
| Po Shing Andy Tse | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Yin Man Chow Also directs: Vega Technology (India) Private Limited | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Vega Project (India) Private Limited is audited by Kamdar Desai & Patel LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamdar Desai & Patel LLP | FY 2024 | 104664W/W100805 |
Shareholding
The shareholding of Vega Project (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vega Project (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2023 | 100749901 | Citi Bank N.A. | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vega Project (India) Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Vega Project (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Vega Project (India) Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 196 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Shree Info System Solutions Private Limited | |||
| Lantro Technologies India Private Limited | |||
| Mindstec Distribution Private Limited |
To see the full MSME payment records of Vega Project (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vega Project (India) Private Limited has a workforce of 115 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vega Project (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV0311J1ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AAECV0311J2ZJ | Maharashtra | Active | 29 Mar 2025 |
| 29AAECV0311J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vega Project (India) Private Limited, buy the company report.
Recent activity
Vega Project (India) Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Bo Yee Chow ceased to be Director on 02 Jun 2025.
News
Frequently asked questions
Vega Project (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 April 2012 (14+ years old) and is registered under CIN U72300MH2012PTC230298.
Vega Project (India) has 3 current directors:
- Blessing Ebenezer Joseph - Director
- Po Shing Andy Tse - Director
- Yin Man Chow - Director
The latest financial statements of Vega Project (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vega Project (India) is 27AAECV0311J1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAECV0311J2ZJ (Maharashtra), 29AAECV0311J1ZG (Karnataka).
The CIN (Corporate Identification Number) of Vega Project (India) is U72300MH2012PTC230298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vega Project (India) has 4 court cases on record: 4 filed against it.
Vega Project (India) was incorporated on 26 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Bo Yee Chow ceased to be Director on 02 Jun 2025. Po Shing Andy Tse ceased to be Additional Director on 29 Oct 2020. Po Shing Andy Tse was appointed as Director on 09 Jun 2020. Vega Project (India) has 8 board changes on record in total.
Vega Project (India) has 4 MSME Form 1 returns on record between 2023 and 2024, listing 196 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Vega Project (India) can be reached through the website vega-global.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vega Project (India) is at Inspire BKC Office No 215 & 216 G Block Next To Mgl Gas Station BKC Bandra Eas, T, Mumbai, Maharashtra, India – 400051.